Your Localized Market Report

Apache Junction, AZ

Single-Family Homes

Lawyers Title Arizona & Grand Canyon Title Agency www.LawyersTitleArizona.com & www.gcta.com



Apache Junction, AZ

Wed Feb 21 2024
This week the median list price for Apache Junction, AZ is $419,835 with the market action index hovering around 58. This is an increase over last month's market action index of 56. Inventory has decreased to 70. Click here to stay informed with the Apache Junction market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Apache Junction, AZ

Wed Feb 21 2024
This week the median list price for Apache Junction, AZ is $419,835 with the market action index hovering around 58. This is an increase over last month's market action index of 56. Inventory has decreased to 70. Click here to stay informed with the Apache Junction market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Apache Junction market.
Median List Price $419,835
Median Price of New Listings $407,500
Per Square Foot $286
Average Days on Market 65
Median Days on Market 28
Price Decreased 41%
Price Increased 6%
Relisted 7%
Inventory 70
Median Rent
Market Action 58
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$999,900 2,650 1 - 2.5 acres 4 3 8 1 1 63
$450,000 1,796 8,000 - 10,000 sqft 3 2 19 2 3 84
$405,217 1,439 4,500 - 6,500 sqft 3 2 15 1 0 21
$367,450 1,290 4,500 - 6,500 sqft 3 2 42 2 2 7